I spent some time with moomoo Algo Trading feature. I am not a quantitative analyst, and I have a very basic understanding of quantitative trading. Thus, the purpose of this exercise was not to build a perfect trading algorithm but rather to discover and assess Algo Trading. I have no opinion on whether quantitative trading is generally suitable for retail investors with day job, and I cannot offer any strategy recommendations (mostly, because I do not know any). T...
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The most enlightening moment in my 2024 investment journey was US presidential election. The outcome of this event seems to change market trajectory, at least in the short term. Bond yields are on the rise, foreign markets are retreating, and don’t even get me started on bitcoin bull market. The lesson learned in that market is ever unpredictable and may go sideways in a moment.
My personal choice for Moomoo feature most useful in trading is Papertrade. If you are a b...
My personal choice for Moomoo feature most useful in trading is Papertrade. If you are a b...
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This week’s market is still under spell of US election. Stocks are obviously on a tear, though my humble and uneducated opinion is that what we see might be a temporary bull market. Today is day two after the election, and almost everything is up, even bonds and gold. Only asset categories that grew rhe most yesterday are down, specifically bitcoin and small-cap stocks. I am going to do a bit of intraday bitcoin trading: it’s volatile at the moment and I think there is a potenti...
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Why is it economically viable for online brokerages to offer commission-free trading? The reason is something called Payment for Order Flow.
Investopedia offers a solid explanation of how it works but, in my opinion, the article in Vox provides a better illustration:
To illustrate how this works, let’s suppose the bid of Company XYZ stands at $99.00 and the ask sits at $100.00, creating a spread of $1. An investor wants to purchase shares of XYZ at the mid...
Investopedia offers a solid explanation of how it works but, in my opinion, the article in Vox provides a better illustration:
To illustrate how this works, let’s suppose the bid of Company XYZ stands at $99.00 and the ask sits at $100.00, creating a spread of $1. An investor wants to purchase shares of XYZ at the mid...
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According to WSJ, upcoming US economic data for October will be skewed by hurricanes Helene and Milton, as well as Being strike.
For jobs report:
October’s number will be depressed not just by the storms, but the Boeing strike. Economists expect the report will show the economy added 100,000 jobs.
Federal Reserve governor Christopher Waller in a mid-October speech said he expected the hurricanes and Boeing strike to reduce employment growth by more than 100,000 jo...
For jobs report:
October’s number will be depressed not just by the storms, but the Boeing strike. Economists expect the report will show the economy added 100,000 jobs.
Federal Reserve governor Christopher Waller in a mid-October speech said he expected the hurricanes and Boeing strike to reduce employment growth by more than 100,000 jo...
Jeremy Grantham, who calls himself “contrarian” and also known as "perma-bear", provides opinions on where markets are going in a longer perspective. Some quotes from 3 Warnings for Investors From the Ultimate Contrarian:
AI is a bubble:
Grantham believes AI fueled a new stock market bubble after the launch of ChatGPT in late 2022, benefiting many of the same “Magnificent Seven” companies—Alphabet GOOGL, Amazon.com AMZN, Apple AAPL, Meta Pl...
AI is a bubble:
Grantham believes AI fueled a new stock market bubble after the launch of ChatGPT in late 2022, benefiting many of the same “Magnificent Seven” companies—Alphabet GOOGL, Amazon.com AMZN, Apple AAPL, Meta Pl...
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Great article in WSJ today by Jason Zweig: "You’re Not Paranoid. The Market Is Out to Get You."
It's behind the paywall unfortunately so one without a subscription would need to look it up on some archive-it site, here is the preview quote:
It has never been harder to be a disciplined and independent investor. In today’s incessantly twitchy, infinitely networked markets, the siren song of smartphones, social media and streaming video can tempt...
It's behind the paywall unfortunately so one without a subscription would need to look it up on some archive-it site, here is the preview quote:
It has never been harder to be a disciplined and independent investor. In today’s incessantly twitchy, infinitely networked markets, the siren song of smartphones, social media and streaming video can tempt...
So far global trade competition was the great learning experience for me. A chance to ein some rewards doesn’t hurt either. I highly recommend it to all beginner traders who want to test the murky waters of the global stock market.
Tough day: there’s been a sell-off; all categories of US stocks fell except for small-cap value; and for international stocks it was particularly brutal. I ended up this day in green due to a dumb beginner’s luck - I made a few contrarian bets, plus some intraday trading of WVO.
Lesson learned today: if one buys a short-term position, one has to monitor intraday dynamic closely. I foolishly made a few purchases today when ETFs were at intraday highest.
Lesson learned today: if one buys a short-term position, one has to monitor intraday dynamic closely. I foolishly made a few purchases today when ETFs were at intraday highest.
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In a week-long trading competition taking place when the market is at an all-time high and Q3 earnings season is in progress, there are several challenges a newbie like me faces. I see this as great learning opportunity.
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ZenAbbot OP MM Algo PM : Thanks for your reply! I have seen Print card. However, I could not figure out how to create a formatted output. Something like the following (using Python syntax as an example):
print(f"Variable value is now {variable}")